Smart Residences redeems Series 1 commercial paper, raises 2nd phase
Smart Residences Limited (SRL), a leading indigenous hospitality firm, has announced the successful redemption of its Series 1 commercial paper and the raise of its Series II commercial paper with a 100% subscription rate. The Series 1 commercial paper, which was issued on 24 April 2024, was redeemed in full on 16 January 2025, demonstrating SRL’s commitment to meeting its …